[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/rkillen.ca\/blog\/#Article","mainEntityOfPage":"https:\/\/rkillen.ca\/blog\/","headline":"Blog","name":"Blog","description":"Why a bankruptcy trustee is like a bus driverhttps:\/\/www.youtube.com\/watch?v=AH6bS1wWgYs Now it is not really an exercise to be all things to all people, or anything like that, it\u2019s not the way the law works, but it is there essentially to protect the rights of people. And when those rights come into conflict, then the...Trustees ReportAnd […]","datePublished":"2015-03-02","dateModified":"2023-04-28","author":{"@type":"Person","@id":"https:\/\/rkillen.ca\/author\/admin\/#Person","name":"admin","url":"https:\/\/rkillen.ca\/author\/admin\/","identifier":2,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/9802e0bea345b33afa85a53646482da09b2d7944429d88b59778b5d3e1c3dd14?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9802e0bea345b33afa85a53646482da09b2d7944429d88b59778b5d3e1c3dd14?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Richard Killen and Associates","logo":{"@type":"ImageObject","@id":"https:\/\/rkillen.ca\/wp-content\/uploads\/2016\/08\/landscape-logo-12345-for-web.png","url":"https:\/\/rkillen.ca\/wp-content\/uploads\/2016\/08\/landscape-logo-12345-for-web.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/rkillen.ca\/wp-content\/uploads\/2018\/02\/why-a-bankruptcy-trustee-is-like-300x169.jpg","url":"https:\/\/rkillen.ca\/wp-content\/uploads\/2018\/02\/why-a-bankruptcy-trustee-is-like-300x169.jpg","height":"169","width":"300"},"url":"https:\/\/rkillen.ca\/blog\/","video":[null,{"@context":"http:\/\/schema.org\/","@type":"VideoObject","@id":"https:\/\/www.youtube.com\/watch?v=HJiSCRVuY9Q#VideoObject","contentUrl":"https:\/\/www.youtube.com\/watch?v=HJiSCRVuY9Q","name":"Getting a Mortgage After A Consumer Proposal?","description":"http:\/\/rkillen.ca\/would-services-of-a-trustee-prevent-me-from-getting-a-mortgage\/ In this video, Richard Killen, a Toronto-based Licensed Insolvency Trustee talks about \"Getting a Mortgage after a consumer proposal\".\n\nOne of the big ambitions of most people, especially for the family is to ultimately buy a house. People who have debt problems come to see a Trustee and end up do a bankruptcy or perhaps a consumer proposal, are going to be concerned whether this bankruptcy or consumer proposal is going to somehow prevent them from being able to obtain a mortgage at a later date. The only way that we can really answer this is, nobody can really predict the future, there is a lot of factors that go into why a person can get a mortgage, and why they cannot. Bankruptcy and proposals on your record are just one factor, and also time. The bottom line is, it is impossible to really predict it, but generally speaking, after you have done a bankruptcy or proposal, and have solved all your credit problems, and some time has gone on, most people can and have the other ingredients properly arranged, they can get the mortgage. An interesting aspect of it though is the mortgage renewal, people are highly concerned that they may lose their house when the renewal time comes. And what we found, I\u2019m not an expert on this practice, but what we found is that renewals, I guess they are automatic, generally they are almost computer generated, and so very few people have this kind of problem renewing their mortgage.\n\nIf you are uneasy about bankruptcy you should definitely visit a licensed insolvency trustee so that you will be given an advice about your bankruptcy problems.\n\nWe can meet with you during business hours or book after hours appointments if that is more convenient.\n\nContact us for a fresh start 1 (888) 545-5365\nLive your life free of financial stress!\n\nFollow us on Instagram: https:\/\/www.instagram.com\/killen_trustee\/\nFollow us on Twitter: https:\/\/twitter.com\/Killen_Trustee\nFollow us on Facebook: https:\/\/www.facebook.com\/rkillenassociates\nFollow us on Linkedin: https:\/\/www.linkedin.com\/company\/richard-killen-&-associates\/\nConnect on Linkedin: https:\/\/www.linkedin.com\/in\/richard-killen-020aaaba\/\n\nRichard Killen and Associates have 10 locations across the Greater Toronto Area.\n\nOur main office is at\n\nRichard Killen & Associates\n2130 Lawrence Ave\nEast Suite 402, M1R 3A6\nTel: (416) 285-9511\nhttp:\/\/rkillen.ca","thumbnailUrl":["https:\/\/i.ytimg.com\/vi\/HJiSCRVuY9Q\/default.jpg","https:\/\/i.ytimg.com\/vi\/HJiSCRVuY9Q\/mqdefault.jpg","https:\/\/i.ytimg.com\/vi\/HJiSCRVuY9Q\/hqdefault.jpg","https:\/\/i.ytimg.com\/vi\/HJiSCRVuY9Q\/sddefault.jpg","https:\/\/i.ytimg.com\/vi\/HJiSCRVuY9Q\/maxresdefault.jpg"],"uploadDate":"2017-07-21T11:02:29+00:00","duration":"PT1M46S","embedUrl":"https:\/\/www.youtube.com\/embed\/HJiSCRVuY9Q","publisher":{"@type":"Organization","@id":"https:\/\/www.youtube.com\/channel\/UCVqfGDwXy-OK5RHKZGkaMUw#Organization","url":"https:\/\/www.youtube.com\/channel\/UCVqfGDwXy-OK5RHKZGkaMUw","name":"Richard Killen & Associates Ltd","description":"Since 1992 we at Richard Killen & Associates have helped thousands of people resolve their financial problems. With over 22 years experience in this industry, our president, Richard Killen, and the rest of our team understand the difficulties that honest people can sometimes find themselves in. This expertise makes it possible to provide you with a service that effectively deals with the issues.\n\nThe strength of our company is exemplified by the manner in which we treat our customers. We understand the intense pressure people are under. You will feel better after having spoken with our staff and your sense of dignity will be restored. 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